MEXICO CITY Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the company told Reuters, after the previous two hedges delivered bumper payouts for the highly-indebted company.
MEXICO CITY Mexican national oil company Petroleos Mexicanos (Pemex) on Wednesday reported a third-quarter net profit of 1.4 billion pesos ($64 million), helped by currency gains and a lower tax bill.
MEXICO CITY, Oct 8 Petroleos Mexicanos on
Thursday placed a $1.5 billion bond to refinance debt, with bids
more than six times oversubscribed, said a source with the
Mexican state oil firm, the first such operation since it lost
its investment grade rating.
MEXICO CITY Mexico-based company Libre Abordo said on Sunday it was bankrupt and that Venezuelan President Nicolas Maduro had terminated an oil-for-food agreement that had allowed the firm to supply water trucks in exchange for millions of barrels of Venezuelan crude.
(This May 13 story corrects to add denial from Elemento's lawyer provided to Reuters after May 13 story was published and specifics relating to the trading activity of some of the firms)
MEXICO CITY Coronavirus patients were being turned away from hospitals in the Mexican capital on Saturday, as both public and private medical facilities quickly fill up and the number of new infections continues to rise.
CIUDAD DE MÉXICO, 9 mayo La mayoría de los
hospitales públicos y privados que atienden a pacientes con
COVID-19 en Ciudad de México y zonas aledañas se encontraban
copados el sábado, según información del gobierno capitalino y
las empresas, en momentos en que el área enfrenta la etapa más
aguda de la epidemia.
MEXICO CITY Mexican state oil company Pemex, hammered by a collapse in crude prices and a sharp depreciation of the Mexican peso, on Thursday posted a multibillion-dollar quarterly loss that was far wider than losses a year earlier.
MEXICO CITY At least five of Mexico City's largest private hospitals have filled up with coronavirus patients and have no room for new ones, doctors and hospital workers said on Tuesday, though more than 100 other medical centers have available beds.